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Gulshan Polyols GULPOLY.NS · INR

Materials · NSE · 🇮🇳 India

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164.43

+3.18%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹20.20bn

FY2016FY2025

Net income

₹246.7m

FY2016FY2025

Free cash flow

−₹145.9m

FY2016FY2025

Shareholders' equity

₹6.13bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₹20.20bn₹13.78bn₹11.80bn₹11.01bn₹7.66bn₹6.21bn₹6.74bn₹6.24bn₹5.27bn₹4.41bn
Gross profit₹2.58bn₹1.85bn₹1.99bn₹2.74bn₹2.28bn₹1.36bn₹1.56bn₹1.44bn₹1.28bn₹1.34bn
Operating income₹579.7m₹257.1m₹592.6m₹1.18bn₹978.6m₹378.6m₹393.1m₹325.1m₹323.8m₹370.4m
Net income₹246.7m₹177.6m₹451.8m₹852.5m₹621.2m₹205.8m₹214.3m₹182.4m₹273.4m₹304.9m
Diluted earnings per share3.962.847.2213.6710.443.663.813.244.875.24

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹13.23bn₹11.56bn₹9.88bn₹8.04bn₹4.96bn₹4.57bn₹4.82bn₹5.13bn₹4.93bn₹4.24bn
Cash and short-term investments₹165.9m₹211.3m₹91.6m₹1.22bn₹178.8m₹24.3m₹251.6m₹82.1m₹79.6m₹25.9m
Total liabilities₹7.10bn₹5.66bn₹4.13bn₹2.69bn₹1.31bn₹1.52bn₹1.92bn₹2.40bn₹2.34bn₹1.88bn
Debt₹3.29bn₹2.98bn₹2.10bn₹1.16bn₹118.6m₹811.1m₹1.15bn₹1.45bn₹1.34bn₹1.25bn
Shareholders' equity₹6.13bn₹5.90bn₹5.75bn₹5.35bn₹3.66bn₹3.05bn₹2.91bn₹2.73bn₹2.59bn₹2.36bn
Shares outstanding62m62m63m62m60m56m56m56m56m58m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₹416.8m₹662.8m₹154.4m₹644.0m₹1.06bn₹441.2m₹870.9m₹421.4m₹810.4m₹553.9m
Capital spending−₹562.7m−₹1.79bn−₹2.54bn−₹1.17bn−₹146.5m−₹174.5m−₹237.7m−₹406.2m−₹851.3m−₹1.18bn
Free cash flow−₹145.9m−₹1.13bn−₹2.39bn−₹526.2m₹911.9m₹266.8m₹633.2m₹15.3m−₹40.9m−₹622.0m
Dividends paid−₹18.7m−₹31.2m−₹52.0m−₹27.4m−₹28.1m−₹46.9m−₹32.8m−₹32.8m−₹35.2m−₹57.1m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue₹6.27bn₹5.42bn₹5.93bn₹5.15bn₹6.10bn₹4.40bn₹4.55bn₹4.06bn
Gross profit₹2.23bn₹1.76bn₹1.71bn₹1.66bn₹1.71bn₹1.36bn₹1.50bn₹1.38bn
Operating income₹732.5m₹304.3m₹260.5m₹185.2m₹162.2m₹81.6m₹150.8m₹105.4m
Net income₹409.0m₹157.5m₹131.4m₹70.1m₹67.5m₹12.2m₹96.9m₹65.8m
Diluted earnings per share6.562.532.111.121.080.201.551.06
Cash from operations—−₹258.0m—₹948.0m—−₹531.0m—₹44.0m
Capital spending—−₹126.0m—−₹247.0m—−₹315.0m—−₹861.0m
Free cash flow—−₹384.0m—₹701.0m—−₹846.0m—−₹817.0m
Total assets—₹12.91bn—₹13.23bn—₹12.24bn—₹11.56bn
Cash and short-term investments—₹178.5m—₹165.9m—₹179.9m—₹216.6m
Debt—₹1.41bn—₹3.29bn—₹2.11bn—₹2.33bn
Shareholders' equity—₹6.40bn—₹6.13bn—₹6.02bn—₹5.90bn

Financial ratios

Data as of 6 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin33.6%30.9%24.2%10.9%17.0%19.8%
Operating margin8.1%3.1%2.8%5.6%10.9%13.1%
Net margin4.6%1.2%1.3%3.8%7.8%8.1%
Return on equity14.9%4.0%3.0%7.9%15.9%17.0%
Return on assets8.2%1.9%1.5%4.6%11.0%12.5%
Free cash flow yield22.3%9.4%23.4%25.7%17.3%12.1%
Revenue growth14.5%48.7%15.1%7.8%42.9%27.4%
Earnings growth334.4%38.9%-60.7%-47.0%37.2%201.8%
Current ratio1.23x1.14x1.40x1.43x2.17x2.33x
Debt to equity0.43x0.64x0.59x0.43x0.21x0.03x
Equity ratio55.1%46.4%51.0%58.2%69.2%73.6%
Interest coverage4.56x2.21x3.75x10.83x24.15x14.79x
Buybacks as a share of market value-0.0%0.2%0.1%-0.3%-4.8%-5.8%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue22.4%26.6%17.6%
Operating income-21.0%8.9%6.3%
Net income-33.9%3.7%-0.3%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin13.0%16.2%18.1%20.2%
Operating margin2.5%4.6%5.6%5.8%
Net margin1.2%3.0%3.6%3.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings35.961.629.315.421.918.99.216.714.811.8
Price to sales0.40.81.11.21.80.60.30.50.80.8

Dividends and splits

Per share, in the currency the company pays

Paid for 11 years. Last went ex-dividend on 11 Sept 2025.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.300.300.500.8331.1670.500.8330.583
  • 6-for-5 split · 21 Jun 2023
  • 5-for-1 split · 27 Dec 2016

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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